Aryze to Launch Digital Cash, a new stable coin

Danish Fintech Aryze to launch digital cash, a new stable coin ARYZE is a Danish fintech working to change the way the world uses money by it digital, direct and dynamic. And now, with a new fund-raising round, they have secured DKK5.8 million (USD 921K) and the funding round was 29% oversubscribed, and ARYZE is…
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Digital Asset Insights #17

China securities journal sounds alarm on cryptocurrency financial risks

China securities journal sounds alarm on cryptocurrency financial risks On Sunday, May 16th, as per an opinion piece in the China Securities Journal (CS), a broader consensus on strengthening supervision of Bitcoin and crypto transactions is currently being undertaken. This comes through several commissions – The China Securities Regulatory Commission, China Insurance Regulatory Commission, and The China Banking Regulatory…

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Digital Asset Insights #16

Digivault Gains FCA Approval

This week in the digital currency community, a lot of developments are coming to light. There are new developments in anti-money laundering regulations in the U.K. as Digivault, a custodial arm of Diginex won regulatory approval from the Financial Conduct Authority (FCA) in the U.K. to register as a custodian wallet provider. This makes Diginex…

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Digital Asset Insights #15

Marathon OFAC Pool Attracts Criticism

Marathon OFAC Pool Attracts Criticism The new week ushered in a variety of events. One major event is mining a fully regulation-compliant mining pool by Marathon Digital Holdings (MARA). The new mining pool was successfully mining a bitcoin block that is “fully compliant with U.S. regulations.” And this impacts individuals with dealings in dark web…

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Digital Asset Insights #09

Africa and America Dive into Blockchain

Traders, investors, and enthusiasts of the digital currency community experienced what seems to be a downer this week. The week’s highlight is the change in the price direction of Bitcoin, which was heading towards $50,000 but slipped back 5.7% over 24hours-ranging between $44,180.99 – $49,325.91 (according to CoinDesk 20), leaving traders with a bearish signal…

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